AW XRPUSD ANALYSIS - Small Degree Price Action Explained...Although I am labelling Wave E as a 1-2 1-2 scenario, we could quite easily be in Wave 4 and Wave 5 down could be extreme.
Regardless of that, I try and give some context as to what is going on at the small degree in case you were wondering.
When XRP and XLM both end up at dirt cheap levels I will indeed be buying both.
For now, I just see ongoing corrections for this bear market.
For now, prices should fluff around this area before they make a move lower.
It would be nice if this was the bottom because I would simply load up and post ideas indicating $10+ price action.
I believe it will go way above 10 measly dollars after this correction is done but I also want to be real... and also buy it as cheap as possible.
By the way, none of that is wishful thinking, if you watch any of my other videos, I barely ever talk about future price anymore.
When I do start talking about the potential price then you will be very entertained at that point.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.